Archer Daniels Midland Company

Former Archer Daniels Midland CEO Dwayne Andreas dead at 98

Dwayne Andreas, the farmer's son and college dropout who turned the grain-processing company Archer Daniels Midland into "the supermarket to the world," then saw it rocked by a price-fixing scandal, has died. He was 98.

Archer Daniels Midland spokeswoman Jackie Anderson on Wednesday confirmed Andreas' death. The company did not immediately provide additional details, including a cause of death or where he died.

Under Andreas' guidance, the company changed the agricultural world. Andreas used his influence and friendships with politicians including former House Speaker Tip O'Neill, former Sen. Bob Dole and former Soviet leader Mikhail Gorbachev to encourage...

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